Tech roundup: 1871 unveils 3.0 expansion, Avant's acqui-hires, and more

by Sam Dewey
April 21, 2016

1871 unveils long-awaited 3.0 expansion

On Tuesday,

opened the doors to its 3.0 expansion — an addition that adds over 40,000 square feet to the tech hub’s already sprawling presence in the Merchandise Mart. “By providing larger spaces to grow with our most successful companies, as well as new spaces for new tenants, we are able to serve more members, offer more educational programs, facilitate new opportunities for incubators and accelerators, and ultimately welcome more individuals and organizations to the innovation economy,” said 1871 CEO Howard Tullman in a statement.

 

Avant announces series of new acqui-hires

This week, online lending platform

Located on Chicago's scenic Riverwalk. It’s home to nearby trendy restaurants, a thriving startup community, and public transportation.
announced the acqui-hires of two of its neighboring tech startups, TempoIQ and StudyCloud. "Acqui-hire transactions are a significant win-win for everyone involved. The acqui-hire trend affords members of the startup community to take a chance on their own vision as well as explore new opportunities across various industries," said Al Goldstein, CEO of Avant in a statement.

 

With $8.5M in new funding, UrbanBound plans to grow Chicago office

UrbanBound, a Chicago-based provider of employee relocation software, announced it has raised an $8.5 million Series B round. UrbanBound’s software helps relocating employees manage their allocated relocation budgets, find housing and movers, get their utilities set up and get the inside scoop on their new cities. In doing so, they aim to help companies better attract out-of-town talent. [Built In Chicago]

 

GrubHub partnering with Hyatt in room-service deal

According to the Chicago Tribune,

and Hyatt have partnered on a 90-day pilot program to reimagine what hotel room service looks like. At three Hyatt hotels, guests will be able to use in-room phones to order delivery from certain restaurants in their area, with charges billed directly to their room. [Grubhub, Hyatt join to reimagine room service]

 

Kahoots launches for Android

This week, 1871-based

announced its launch on Android. The mobile app is designed to give professionals a leg up on network and selling by organizing and streamlining the “following-up” process.

kCura picks up Jason Ream as CFO

E-discovery software pioneer

this week announced the addition of a new CFO to their team in Jason Ream. “Jason’s experience building world-class organizations at scale in the tech world will help equip us to provide the same level of support our customers have with us today,” said Andrew Sieja, kCura’s founder and CEO, in a statement.

 

SpotHero’s new mobile development leader

This week,

announced the hire of celebrated Chicago mobile developer Ellen Shapiro, who will lead the company’s mobile development. Said CEO and co-founder Mark Lawrence in a statement, “In 2016, mobile has grown to almost 80 percent of our total parking reservations and we’re regularly ranking among the top 10 iTunes navigation apps. For this reason, we’re excited to have recruited one of Chicago’s most talented mobile developers, Ellen Shapiro, to lead our mobile team.”

 

Eved announces new product, new executive appointment 

Recently, event commerce company launched EvedPay Merchant Services, a new payment solution specifically built for event suppliers. In addition to the product launch, the company also announced the appointment of Heidi A. Voorhees, CAE, as general manager of Eved’s Supplier Marketplace.
 
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